In today's episode of the Deal Finders podcast, we took a fascinating detour from our usual real estate conversations to explore the art of building a business that harmonizes with your personal life, especially for entrepreneurs with families. Our special guest, Kyle Wester, shared invaluable insights on raising humans, the challenges of entrepreneurship, and how to intertwine work with family life seamlessly. Whether you're knee-deep in business or just starting your family, this episode is packed with golden nuggets that will inspire and guide you towards creating a life and business that truly complement each other.

Episode Highlights:

• [00:31] - Kyle Wester's Introduction: Discover Kyle's journey and how he helps entrepreneurs and families blend business success with personal fulfillment.
• [02:27] - The Art of Raising Humans: Kyle talks about his podcast and business, aimed at empowering parents worldwide.
• [04:35] - Shifting Perspectives on Parenting: Kyle reflects on his early realization of wanting to improve family dynamics and parenting methods.
• [06:16] - Entrepreneurship and Family Life: Andrew and Kyle discuss how entrepreneurial skills can benefit family life and vice versa.
• [15:52] - Rejuvenating Through Family Interaction: Kyle shares a personal experiment on seeking joy and energy at home rather than through disengagement.
• [24:33] - Navigating Firstborn Challenges: Tips and strategies for dealing with the unique challenges posed by firstborn children.

Links & Resources:

• Kyle's Website: Parenting Legacy

As we wrap up this episode, I'm reminded of the importance of integrating our personal and professional lives in a way that brings joy, fulfillment, and growth. If you found value in today's discussion, I encourage you to rate, follow, share, and review our podcast. Your support helps us reach more listeners and create content that makes a difference. Thanks for tuning in, and remember to visit Deal Finders Club for more insights and resources. See you in the next episode!

Welcome back to the Deal Finders podcast! In this episode, we dive deep with Gary Pickren, an experienced attorney with a vast background in real estate deals. Gary shares his insights on the evolving landscape of real estate investment, focusing on the legalities, strategies, and opportunities for agents, investors, and wholesalers alike. With over 30,000 deals under his belt, Gary's perspective on the current state of real estate laws, the impact of wholesaling regulations, and the innovative installment method for deal structuring is invaluable for anyone looking to navigate the complexities of the market successfully.

Key Episode Highlights:

• [00:35] Gary Pickren's Introduction: An experienced attorney discusses his journey and impact on real estate investing.
• [02:30] Legal Challenges and Opportunities: Insights into new laws affecting wholesalers and investors.
• [15:04] The CITs are and Barnett Case: A discussion on a landmark lawsuit and its implications for real estate commissions.
• [22:30] Wholesaling Woes: Gary breaks down the legal hurdles facing wholesalers and offers alternative strategies.
• [33:22] The Installment Method: An innovative approach to real estate investing that benefits both sellers and investors.
• [41:13] Closing Thoughts: Encouragement for listeners to take action towards financial freedom through informed real estate investing.

Links & Resources:

• The DOM Method: A platform designed by Gary to facilitate legal, profitable real estate deals through installment contracts. For more information, visit DOMMethod.com.

Remember to rate, follow, share, and review the podcast if you found this episode insightful. Your support helps us bring more valuable content your way and assist others in discovering the podcast. Here's to finding great deals and navigating the real estate market with confidence and legal savvy!

Welcome back to the Deal Finders Podcast! In this exciting Part 2 of our deep dive into virtual wholesaling, we peel back another layer of the real estate market, revealing strategies that can turn you into a deal-finding powerhouse. If you caught Part 1, you know we're all about actionable steps. This episode is no different. We're here to arm you with the knowledge and tools needed to find your first or next real estate deal, making your virtual wholesaling journey a successful one.

Key Takeaways:

• [00:28] - Unveiling the essentials of virtual wholesaling: The journey continues with a focus on advanced strategies.
• [05:12] - Breaking down market analysis: Learn how to evaluate markets from afar and identify hot spots for investment.
• [10:45] - Technology in deal finding: Discover the latest tools that are changing the game for virtual wholesalers.
• [15:30] - Networking and relationship building: Why your network is your net worth in virtual real estate investing.
• [20:55] - Success stories and case studies: Real-life examples of how listeners have applied our strategies to find success.

Links & Resources:

• [Real Estate Market Analysis Tools] - A curated list of tools mentioned for evaluating investment opportunities.
• [Networking for Success] - A guide to building valuable relationships in the real estate industry.

Closing Thoughts: If you've found value in today's episode and our journey into virtual wholesaling, don't forget to rate, follow, share, and review the Deal Finders Podcast. Your support helps us reach more aspiring real estate investors like you, sharing the knowledge and strategies that make a difference. Here's to finding your next deal!

In this game-changing episode of the Deal Finders podcast, we dive deep into the world of virtual wholesaling with industry expert Chris Logan. Discover the actionable steps and strategies Chris shares, from finding your virtual wholesaling location to closing deals and collecting assignment fees, all from the comfort of your home. Whether you're new to real estate or looking to add virtual wholesaling to your investment toolkit, this episode is packed with insights that will set you on the path to success in today's market.

Key Takeaways:

• [02:10:11] Introduction to Virtual Wholesaling: Chris Logan shares insights on getting started with virtual wholesaling, emphasizing the importance of choosing the right market.
• [02:11:10] Chris Logan's Journey: From no deals to over 600 through virtual wholesaling, highlighting the scalability and potential of this strategy.
• [02:13:14] First Deal Anecdotes: Chris discusses his initial mistakes and learning experiences in wholesaling, offering a relatable path for beginners.
• [02:18:02] Choosing Markets and Identifying Deals: Insights on selecting the right areas for virtual wholesaling and the criteria for identifying profitable deals.
• [02:24:33] Finding Buyers First: The strategy of securing a buyers list before sourcing deals to ensure you know what a good deal looks like from the buyer's perspective.
• [02:29:25] Sourcing Sellers and Making Offers: Utilizing tools like PropStream to find motivated sellers and the approach to making compelling cash offers.

Links & Resources:

• PropStream: A recommended tool for pulling lists of motivated sellers and analyzing properties.
• Caldwell List Company: For accessing the credit default list as mentioned by Chris Logan.
• Social Media and Contact Information: Follow Chris Logan on Facebook (CLogan777), Instagram (@chrisloganrei), and check out his YouTube channel and website for more insights on virtual wholesaling.

If you found value in today's episode, remember to rate, follow, share, and leave a review. Your feedback helps us bring more content like this to you. Let's dive into the world of virtual wholesaling together and unlock the potential of real estate investing from anywhere!

In this episode of the Deal Finder's podcast, host Andrew Lucas interviews real estate investor Michael McDonald. Michael shares his journey from being a nutritionist in corporate America to becoming a full-time real estate investor, closing over 200 deals. The conversation covers Michael's initial foray into real estate, the pivotal decision to invest $20,000 in education, and the importance of collaboration and mentorship in the industry. The episode delves into Michael's first wholesale deal, highlighting the unexpected successes and challenges faced. The discussion then shifts to current market dynamics, focusing on a live deal where Michael is navigating a foreclosure situation with a distressed homeowner.

Key Takeaways:

1. Real estate is accessible to everyone, regardless of their background or education.
2. Speed is crucial in real estate deals, and being the first to act can lead to significant opportunities.
3. Investing in education and mentorship can have a profound impact on success in real estate.
4. Collaboration with competitors can be mutually beneficial, fostering a supportive community.
5. Solving significant problems for distressed homeowners can lead to substantial financial rewards.

Timestamped Talking Points:

• 00:33 - Introduction to Michael McDonald and his journey into real estate.
• 01:17 - Michael's transition from a corporate nutritionist to a full-time real estate investor.
• 03:02 - The importance of getting started in real estate regardless of one's background or education.
• 04:55 - Michael's decision to invest $20,000 in real estate education and its impact on his career.
• 06:23 - Reflecting on the value of mentorship and whether the investment was worth it.
• 08:32 - The significance of side hustles and trying various opportunities before committing to real estate.
• 11:48 - Michael's first wholesale deal, focusing on a for-sale-by-owner Zillow listing.
• 15:18 - Collaboration with mentors and competitors to enhance negotiation skills and close deals.
• 19:34 - Michael's current market focus, preferring to establish credibility and authority in specific regions.
• 21:53 - A live deal involving a distressed homeowner facing foreclosure and the complex solutions being implemented.
• 27:24 - Recommendations for beginners, emphasizing resourcefulness, community engagement, and adapting to changing market dynamics.
• 33:57 - Closing remarks and Michael's contact information for further inquiries.

Links and Resources Mentioned:

• Deal Finder's Club Podcast
• Zillow

Contact Information:

• Michael McDonald's Email: [email protected]
• Michael McDonald's LinkedIn: linkedin.com/in/michaelmcdonald
• Michael McDonald's Instagram: @michaelmcdonald_investor

In this episode, our hosts gather a panel of real estate experts to discuss some of their scariest experiences in the industry, just in time for Halloween. They also delve into their career's most challenging and uncertain moments in the real estate market.

Host:

• The host begins by introducing the panel and sets the spooky tone for the episode.

Panel Introduction:

1. Alex Fischer:

   • Alex Fischer is a real estate investor with a focus on fix and flips and rentals.
   • He shares an eerie story about buying six foreclosure properties site unseen, leading to some shocking discoveries inside one of the homes.
   • Key takeaway: Always get inspections before buying properties.

2. Billy:

   • Billy represents a family-owned property management company with a long history in the business.
   • He recounts a memorable encounter with a property infested by roaches and the unfortunate discovery of three deceased cats.
   • Lesson learned: Be cautious when entering properties and use the "Roach Kick" technique for safety.

3. Brent McGee:

   • Brent McGee is an attorney specializing in real estate law.
   • He shares various unsettling experiences, including encountering squatters, meth labs, and even a homeowner wielding a gun.
   • Safety tip: Always verify property status before visiting, and consider obtaining a concealed weapons permit for added protection.

Scariest Moments in Real Estate:

• The panel discusses the scariest moments in their real estate careers, with a focus on the 2008-2009 market crash, the uncertainty it brought, and the impact on their businesses.
• Alex Fischer reflects on a challenging experience involving a technology-based approach to real estate offers and the subsequent financial fallout when a major client pulled out.

Market Challenges:

• The conversation shifts to market challenges, specifically addressing the impact of the COVID-19 pandemic on the rental property market in 2020.
• Billy shares how the pandemic led to uncertainties, with students going virtual and raising concerns about rental income stability.

Conclusion:

• The host wraps up the episode by summarizing the panel's scary stories and market challenges, highlighting the importance of learning from such experiences in the real estate industry.

In this episode Andrew and Michelle candidly share their experiences in the world of real estate, highlighting both their best and worst deals.

They begin by recounting their most successful project, the Glenwood property, discussing the seamless renovation, quick sale, and its significance as their first full-time investment after leaving their day jobs. The hosts also delve into the changing landscape of the real estate market.

They then candidly share the lessons learned from their worst deal, the Margrave property, emphasizing the importance of evaluating properties meticulously and the significance of market timing.

Listeners gain valuable insights into the highs and lows of real estate investing and the valuable lessons learned along the way, making this episode an educational and engaging listen for anyone interested in real estate investment.

• Introduction:

  • The episode is part of the R e I Deal Finders podcast, focused on helping listeners find real estate deals and discussing strategies.
  • Hosts Andrew and Michelle introduce themselves and their topic for the day: sharing their best and worst real estate deals.

• Best Deal - Glenwood:

  • Andrew and Michelle discuss their best real estate deal, Glenwood, which they began in 2019.
  • Highlights of the deal include a smooth renovation, adding value by improving the property, and selling it quickly with an over-asking offer.
  • They reflect on how this deal marked a significant milestone as it was their first flip after transitioning to full-time real estate investing.

• Discussion on Real Estate Market Landscape:

  • The hosts discuss how the real estate market landscape has evolved, including changes in competition, renovation strategies, and the importance of landscaping.

• Andrew's Best Deal - Their Office Property:

  • Andrew highlights their office property as one of his best deals due to its versatility and multiple purposes.
  • The property serves as their office space, has tenants below, and is an investment that aligns with their long-term strategy.

• Worst Deal - Margrave:

  • The hosts dive into discussing their worst real estate deal, Margrave.
  • They describe the property's potential and its challenges, such as multiple additions, outdated features, and a problematic staircase.
  • The deal took unexpected turns and ended up being a lesson in evaluating properties and understanding market dynamics.

• Takeaways from Worst Deals:

  • Andrew and Michelle emphasize the importance of learning from their mistakes and how it shaped their business decisions.
  • They touch on their shift away from traditional wholesaling towards the installment method for acquiring properties.

• Conclusion and Looking Forward:

  • The hosts conclude by encouraging listeners to pick their real estate partners wisely and emphasize the value of experience and learning from mistakes.
  • They mention their resources available at dealfindersclub.com/resources for further education and tools.

• Closing Remarks:

  • Andrew and Michelle thank the listeners for tuning in and express their willingness to help answer any questions.
  • They invite listeners to check out dealfinderdata.com for real estate data needs.

Many new and aspiring real estate investors often face the daunting challenge of securing the necessary funds to kickstart their journey, and this episode promises to provide actionable steps and valuable insights to help you overcome these obstacles.

Andrew will not only demystify the myths surrounding real estate financing but also reveal the various sources of capital, from friends and family to personal loans and credit cards, that can be tapped into to get your real estate endeavors off the ground. Whether you're a newcomer in the real estate game or a seasoned investor looking to expand your portfolio, this episode is packed with essential information and practical advice to help you navigate the complex world of real estate funding. So grab your notepad, get ready to learn, and don't be afraid to ask questions as we guide you through the path of financial success in the real estate market.

If you've ever wondered how to start your real estate journey without a hefty bank account, how to leverage the resources around you, and how to mitigate risks while maximizing profits, this episode is your key to unlocking the secrets of successful real estate investing. Stay tuned as we bust common myths, explore different types of capital, and equip you with the knowledge and confidence you need to take your first or next step in the world of real estate investing. Remember, opportunities in real estate are not limited to the rich, and our goal is to help you find the funding you need to turn your real estate dreams into reality.

Key Takeaways:

1. Common Funding Challenges: The speaker acknowledges that one of the top challenges faced by aspiring real estate investors is finding the money to purchase properties and finance renovations.

2. Dispelling Myths: The speaker addresses common myths in real estate investing, such as the belief that you need to use all your own money or have excellent credit to get loans.

3. Banking Misconceptions: The discussion also covers misconceptions about banks not lending to investors and concerns about high interest rates.

4. Lack of Contacts with Money: The speaker tackles the notion that many people believe they don't know anyone with money to invest in real estate.

5. Rich People and Real Estate: The podcast challenges the misconception that only rich individuals can invest in real estate, emphasizing that opportunities are available to everyone.

6. Risk in Real Estate: The podcast explores the risks involved in real estate investing, emphasizing the importance of managing and mitigating these risks.

7. Different Types of Capital: The speaker introduces three types of capital relevant to real estate investing: startup capital, working capital, and growth capital.

8. Sources of Startup Capital: Discussion of where startup capital can come from, including friends and family, personal loans, credit cards, and home equity lines of credit.

9. Practical Tips for Finding Funding: The podcast offers practical advice on how to approach friends and family for funding, how to leverage personal credit, and how to use resources like credit card stacking to secure capital for real estate investments.

In this podcast episode, the host welcomes Mark Stubler, founder of Joe Homebuyer, and discusses Mark's journey in real estate investing. Mark started his real estate journey eight years ago after working as a fence and deck salesman for a decade. His desire for entrepreneurial freedom and the need for a change led him to venture into real estate.

Mark's first real estate deal was with a tax-delinquent property in a neighboring county, which he found through a provided list. He highlights the importance of perseverance and understanding that many initial "no's" from sellers are merely a need for more information or reassurance.

The conversation also delves into Joe Homebuyer's franchise model and the value it offers to both new investors looking to scale their businesses and experienced investors seeking a structured approach. The company's mission revolves around improving lives by delivering creative real estate solutions.

Mark emphasizes the abundance of opportunities in the real estate industry and encourages listeners to approach it with a mindset of helping sellers rather than focusing solely on profit. Building trust and creating meaningful connections with sellers are key elements of success.

The episode concludes with a message of encouragement for aspiring real estate investors, highlighting the importance of the right mindset and ethical practices in building a sustainable and profitable business.

 Key Takeaways:

1. Abundance Mindset: There is an abundance of real estate opportunities available, even if there are competitors in your market. Focus on providing value to sellers and lead with their needs to stand out.

2. Human Connection: Building meaningful relationships with sellers is a crucial aspect of successful real estate investing. Understanding and addressing their needs should be a priority.

3. Franchising Model: The franchise model can be an effective way to scale your real estate business and expand into multiple markets. It provides structure, systems, and support for growth.

4. Community and Culture: Creating a positive and supportive culture within your real estate community or franchise is vital for long-term success. Collaborate with peers and share knowledge to improve collectively.

5. Lead with a Mission: Develop a clear mission and purpose for your real estate business. For example, improving lives by delivering creative real estate solutions can guide your interactions with sellers and set you apart in the industry.

In this episode of the REI Deal Finders podcast, join Cody Hofhine, real estate expert and co-founder of Wholesaling, Inc., as he brings an electrifying energy to the discussion. Cody shares his personal journey, highlighting the power of an abundant mindset in the real estate industry. Escaping the challenges of a fluctuating income in insurance sales, Cody discovered his true passion in real estate. Tune in for invaluable insights on starting and growing your business in this thriving industry. Reflecting on their own real estate investing journey, Cody explores missed growth opportunities and the motivation that arises from financial struggles. 

An encounter with a successful wholesaler sparks their interest, leading them to become a student and partner with renowned expert, Tom Kroll. Take action, seize opportunities, and achieve success in real estate investing. Uncover the secrets of wholesaling and learn to identify potential deals in your own neighborhood, as the hosts emphasize the importance of intuition and paying attention to the universe's subtle nudges. Don't miss out on this opportunity to discover the hidden opportunities in real estate investing.

Key Takeaways: - Cody Hofhine's journey in real estate (abundant mindset, escaping fluctuating income from insurance sales) - Reflection on missed growth opportunities in real estate investing (RIA meetings, financial struggle) - Encounter with successful wholesaler and inspiration to learn more (reaching out to Tom Kroll, becoming a student and partner) - Seizing opportunities and taking action in real estate investing - Importance of intuition and heeding hints from the universe in detecting potential deals in your own neighborhood.